Bulutistan received investment from Ak Portfolio

Ak Portfolio bought 25% of Bulutistan which was selected the fastest growing technology company in Turkey in 2019 by Deloitte. Growing its last four years’ annual revenue by 9.682%, drawing attention as Turkey’s fastest growing local technology company, Bulutistan strengthened its place among the global players in the world with this investment. Founded by Begim Anıl Başlıgil and Orçun Murat Özalp in 2015, 25% of the company was bought by Ak Portfolio Management First and Second Venture Capital Investment Fund. Offering hybrid cloud solutions such as data storage and cloud management as a cloud system integrator, Bulutistan was also the 20th fastest growing technology company in the EMEA region in the Deloitte Technology Fast 500 EMEA 2019 list, where the fastest growing technology companies in the EMEA region were listed. Bulutistan Founding Partner Orçun M. Özalp expressed that: “As a technology company established with 100% Turkish capital, we are pleased to see that we collect the fruits of our success in Turkey and in the international arena. The carrying value of our company to over 1 billion USD and being the “unicorn company – Türkcorn” of Turkey is our goal and Ak Portfolio’s support is essential for us. We will continue to be one of the major players in the cloud market, as we grew 29% in USD terms in 2019.”